Core Viewpoint - Zhejiang Oulun Electric Co., Ltd. has received the first round of inquiry from the Beijing Stock Exchange, focusing on issues such as corporate governance, financial internal control, sustainability of performance growth, and necessity of fundraising projects [2][5]. Group 1: Company Overview - Oulun Electric is primarily engaged in the research, design, manufacturing, sales, and service of environmental adjustment equipment, with main products including dehumidifiers, mobile air conditioners, vehicle refrigerators, and air source heat pumps [5]. - The company's revenue grew from 972 million yuan in 2022 to 1.623 billion yuan in 2024, while net profit increased from 92 million yuan to 207 million yuan during the same period, indicating a continuous growth trend [5]. Group 2: Related Party Transactions - A foreign company named "BUBLUE," which became Oulun Electric's third-largest customer in 2022, had a transaction amount of 32.2864 million yuan with the company. However, within a year, BUBLUE returned 945 commercial dehumidifiers to Oulun Electric and was subsequently dissolved in 2024 [5]. - The actual controller of BUBLUE, Chen Qian, is the son of Oulun Electric's actual controller, Chen Xianyong. BUBLUE was established in 2021 and faced challenges such as the pandemic and high shipping costs, leading to sales falling short of expectations [5]. Group 3: Financial Compliance Issues - Oulun Electric has been noted for several financial compliance issues, including the use of personal bank accounts for transactions, fund occupation, third-party repayments, accounting errors, and inadequate financial accounting systems. The cumulative amount of third-party repayments over the past three years reached 153 million yuan [6].